Oakwyn Realty Ltd.

Delta Real Estate Market Report

Executive Summary

Brian SuicoBrian SuicoLocal expert · Delta

The Delta, British Columbia real estate market is currently classified as a buyer's market. The median asking price is $1.3M, down 1.0% over the past 30 days.

There are currently 683 active listings, representing 7.9 months of inventory. 278 properties have sold in the past 90 days at a median sold price of $1.2M. Inventory has increased 26.5% compared to last month.

Currently, listings spend an average of 89 days on market and the average price per square foot is $510.

Detached properties make up the largest share of the Delta market at 81% of active listings with an average price of $2.2M. Condo listings follow at 13% (avg $700K).

Sales Activity & Absorption

Volume

87
Sold (30d)
278
Sold (90d)
89
Avg DOM
148
New (30d)

Market Signals

20
Price Cuts (30d)
40
New (7d)
64%
Sell-Through
95.4%
List-to-Sale

87 properties sold in the past 30 days, 148 new listings appeared in the past month, 20 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
7.9months
Buyer's Market
Sell-Through Rate63.5%
Inventory Change (30d)+26.5%
Site Active Listings683

With 7.9 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
Annieville92$1.3M
Scottsdale88$1.2M
Sunshine Hills Woods80$1.3M
Nordel77$1.4M
Tsawwassen Central40$1.5M
Cliff Drive37$1.5M
Hawthorne33$1.3M
Beach Grove30$1.4M
Ladner Elementary26$1.3M
Tsawwassen North23$1.2M
Delta Manor22$976K
Boundary Beach19$1.4M

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $1.3M, 20% down, 25yr amortization
$5,989/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Delta market currently has 683 active listings with a median price of $1.3M and 7.9 months of inventory.

  • High inventory (7.9 months) favors buyers
  • Low price reduction rate (3% of listings)
  • Slow-moving market (89 avg days on market)
  • Average price per square foot is $510
  • Sold properties averaged -1 days on market

For Buyers

With more inventory and less competition, buyers in Delta have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 40 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 20 listings have reduced their price in the past 30 days. The current sell-through rate is 64%.

Data sourced from BCRES active and sold listings. Metrics computed from listing data updated daily. Prepared by Brian Suico with AI assistance, reviewed by our team.

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Resources

Explore Delta

Homes for Sale in Delta683 active listingsCost of Living in DeltaHousing, rent & expensesSold Data in DeltaRecent sales & prices

Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.